KONECRANES PLC STOCK EXCHANGE RELEASE December 17, 2025 at 6:30 PM EET
The Board of Directors of Konecranes Plc has decided to establish a new
Performance Share Plan
The Board of Directors of Konecranes Plc has decided to establish a new
Performance Share Plan 2026 (the “Plan”) for Konecranes' key employees. The
purpose of the Plan is to align the objectives of Konecranes' shareholders and
key employees and thus to increase the value of the company, to commit key
employees to the company and to reward employees for achieving set targets.
The potential rewards are directly linked to Key Performance Indicators (KPIs)
supporting long-term shareholder return, and the plan has a three-year
performance period from 2026 to 2028.
The Plan has three performance criteria: the cumulative comparable Earnings per
Share (EPS) for the financial years 2026-2028 with a weight of 80 percent, CO2
emissions from own operations for the financial years 2026-2028 with a weight of
10 percent and the Konecranes' EcoVadis score in 2028 with a weight of 10
percent. Items affecting comparability of the EPS include defined restructuring
costs, mergers and acquisitions related deal costs and other unusual items. The
targets for the three-year performance period have also been decided by the
Board of Directors.
The target group of the Plan consists of approximately 170 Konecranes' key
employees. The rewards to be paid on the basis of the performance period
2026-2028 correspond to the value of a maximum total of 290,000 Konecranes Plc
shares, corresponding to approximately EUR 25 million based on the one-month
volume weighted average share price, and the payment of the potential rewards
takes place in 2029, if plan term conditions are met. The maximum reward in
monetary value at vesting will be defined for each participant, and in case the
reward as a result of the share price development would exceed the maximum
monetary value, the reward will be capped.
The potential rewards from the Plan will be paid partly in Konecranes Plc shares
and partly in cash. The cash proportion is intended to cover taxes and tax
-related costs arising from the rewards to the plan participants. As a rule, no
reward will be paid if a plan participant's employment or service ends before
the reward payment.
The Board of Directors will propose to the Annual General Meeting, that the
Board of Directors is authorized to decide on the share issue, or the transfer
of treasury shares needed for the implementation of the Plan.
KONECRANES PLC
Linda Häkkilä
Vice President, Investor Relations
FURTHER INFORMATION
Linda Häkkilä,
Vice President, Investor Relations,
tel. +358 (0) 20 427 2050
Konecranes is a global leader in material handling solutions, serving a broad
range of customers across multiple industries. We consistently set the industry
benchmark, from everyday improvements to the breakthroughs at moments that
matter most, because we know we can always find a safer, more productive and
sustainable way. That's why, with around 16,500 professionals in over 50
countries, Konecranes is trusted every day to lift, handle and move what the
world needs. In 2024, Group sales totalled EUR 4.2 billion. Konecranes shares
are listed on Nasdaq Helsinki (symbol: KCR).
DISTRIBUTION
Nasdaq Helsinki
Major media
www.konecranes.com